6001 Us Highway 377Krugerville, TX 76227
For Sale
$4,501,700
High-yield, Net Lease Tractor Supply
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- Exceptional investment opportunity: 21,950 SF Tractor Supply store in Cross Roads, TX, within the affluent North Dallas MSA. $4,501,700 asking price ($205.09/SF).
- Prime location off US Highway 377, slated for six-lane expansion. Strong demographics: Average household income approximately $120,000, with projected 25% growth in the next 5 years.
- Net lease with credit-rated corporate guarantor, 8 years remaining on the 15-year lease, including 5% rent bumps every 5 years. Minimal landlord responsibilities.
- Strong Fortune 500 tenant (Tractor Supply Co.): Proven track record of growth and resilience, even amidst e-commerce competition. E-commerce initiatives include buy online, pick up in-store and same-day delivery.
- Tractor Supply's Q2 2024 net sales increased to $4.25 billion, demonstrating continued growth and pandemic resilience (53% sales increase since pre-pandemic levels).
- Tractor Supply's performance demonstrates its position as a pandemic-proof, essential retailer.
Property Details for 6001 Us Highway 377
- Property type
- Other retail properties, Individual retail properties
- Square Feet
- 21,950 SF
- Year Built
- 2017
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 171,626 SF
Location Insight
- City
- Krugerville
- County
- Denton
- State
- Texas
- Latitude
- 33.2647059
- Longitude
- -96.9853474
6001 Us Highway 377, Krugerville, Texas
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